Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Corporate Update (October 2023)
12 slides from Lake Resources N.l's corporate update, Oct 31, 2023
Slide 1: Investor Webcast
Investor Webcast October 31, 2023
Slide 2: Disclaimer
Disclaimer General Statement and Cautionary Statement This presentation has been prepared by Lake Resources N.L (Lake) for information purposes and meetings with sophisticated and professional investors, institutional investors and brokers and not any particular party. The information in this presen
Slide 3: Progress towards DFS
Progress towards DFS On Today’s Webcast: § Field operations update § Update on DFS/EIA for Phase 1 of Kachi Project § Argentina Elections Update David Dickson Sean Miller § Next Steps CEO SVP, Field Operations and § Answers to Investor Evaluation Questions 3
Slide 4: Field Operations Update
Field Operations Update In the last month: § Hydrogeologic Model Calibration Complete • Applying data from pumping tests completed in August1 to calibrate the hydrogeologic model for pumping and injection stresses § Progress with wellfield design • Extraction and injection wellfield modeling and sim
Slide 5: Field Operations Update (continued)
Field Operations Update (continued) In the last month: § Currently drilling at a third wellhole beyond 500 meters with the goal of drilling to 600 meters1 § Resource and reserve for Phase 1 DFS are undergoing review processes; we will release updates to the market in the coming weeks as required, as
Slide 6: Phase 1 DFS Update
Phase 1 DFS Update Focus of the last 30 days: Field exploration and modeling wrapping up Working closely with Lilac on cost optimization and completion of work at demo plant Narrowing list of vendors for EPCM Continued focus on cost optimization Strategic evaluation of project financing Power Design
Slide 7: Argentina Elections Results
Argentina Elections Results Current Minister of Economy and candidate, Sergio Massa had highest percentage of votes None of the candidates managed to surpass 45%, or 40 percent with a 10-point margin 36,68% NATIONAL of victory. Massa and Milei will face each other in a run-off election on November 1
Slide 8: Next Steps
Next Steps Strategically delivering on Kachi § Working with strategic advisors on project financing § Meeting with local communities and regulators in Catamarca monthly to provide project updates § Targeting JORC updates to resource and reserve for Phase 1 DFS in coming weeks § Finalize power design
Slide 9: Investor FAQ's
Investor FAQ’s Topics § Impact of Argentina elections and fiscal instability § Permitting process § Scale up from demo plant to commercial production § Perspectives on lithium pricing § Next steps after Phase 1 DFS submission 9
Slide 10: Appendix A
Appendix A 10
Slide 11: JORC update table note
Note: This table has been directly extracted from the JORC update announced on 15 June 2023. Lake Resources N.L. confirms that it is not aware of any information that materially affects the information included in Lake’s JORC update announced on ASX on 15 June 2023 and all material assumptions conta
Slide 12: Thank you!
Thank you!
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